3, SPRINGFIELD ROAD, CHEDDAR, BS27 3AL - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 SPRINGFIELD ROAD is a large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £405,000 in October 2019, which was around 11% above the average October 2019 detached price in the Somerset local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

3 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 3 SPRINGFIELD ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 4 OCT	£405,000	£364,489	11% above HPI
2003 28 NOV	£250,000	£228,235	10% above HPI

3 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 3 SPRINGFIELD ROAD sales from November 2003 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 SPRINGFIELD ROAD?

3 SPRINGFIELD ROAD is 153m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 3 SPRINGFIELD ROAD lies on this distribution: 76% of detached houses are smaller than 3 SPRINGFIELD ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

3 SPRINGFIELD ROAD: Plot and Title Map

3 SPRINGFIELD ROAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 3 SPRINGFIELD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 SPRINGFIELD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 SPRINGFIELD ROAD?

3 SPRINGFIELD ROAD is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 3 on SPRINGFIELD ROAD.